Agriculture Reference
In-Depth Information
The thrd largest group of agrcultural commodtes mported by Chna
from ASEAN s vegetables and fruts. The share of ths group ncreased
during 1992-2005, rising from an average of 8.8 per cent during 1992-2001
to 12.8 per cent during 2002-05. China also imports certain raw materials
and processed products from ASEAN; however, on average, the share of
these commodities has been declining. In general, China's agricultural
mports from ASEAN have become concentrated more and more on palm
oil, rubber and vegetables and fruits.
China-ASEAN agricultural trade patterns
Aggregaton of the commodtes nto labour-ntensve and land-ntensve
groups presents a dfferent vew of the trends n trade between Chna and
ASEAN. As Figure 12.4 shows, imports of labour-intensive commodities from
ASEAN to Chna were stable from 1992 to 1999 and began to ncrease rapdly
after 2000. The average annual growth rate of these knds of commodtes
during 2001-05 was 14.6 per cent.
Chna's exports of labour-ntensve agrcultural commodtes to ASEAN
ncreased between 1992 and 1995 and then declned to the 1992 level
between 1996 and 2000. Exports of these knds of commodtes began to
increase strongly after 2000, achieving an annual growth rate of 21.2 per
cent between 2001 and 2005.
Chna has been enjoyng a trade surplus wth ASEAN n labour-ntensve
agricultural commodities (Figure 12.4). The changing trend in net exports
s qute smlar to that of Chna's exports. As the growth rate of exports
was higher than that of imports after 2000, the net export value of labour-
ntensve agrcultural commodtes ncreased and the trade surplus reached
US$0.67 bllon n 2005.
The pcture of Chna's exports and mports of land-ntensve agrcultural
products wth ASEAN s dfferent from that of labour-ntensve agrcultural
products. As Figure 12.5 shows, exports of land-intensive agricultural
products from Chna to ASEAN were relatvely stable between 1992 and
2003; however, they declined in 2004 and 2005. In contrast, China's imports
of land-ntensve agrcultural products from ASEAN have ncreased strongly
snce 2001. The annual mport growth rate of land-ntensve agrcultural
products was 27.5 per cent between 2001 and 2005.
